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News & Commentary
Content tagged with Payments posted in March 2011
Visa, Samsung to Provide Mobile Payments at 2012 Olympics
News  |  3/31/2011
Specialized NFC-enabled Samsung phones to be handed out to athletes, sold to consumers.
The NFC-Based Mobile Wallet Isn't Science Fiction... Yet
News  |  3/30/2011
The technology for NFC-enabled mobile wallets is there. But competing interests and the inability to make progress on mobile phone is turning the idea into myth.
Citi Adopts Syncada B2B Payments Processing Solution
News  |  3/29/2011
Citi Global Transaction Services unit partners with Syncada from Visa for financial supply chain accounts payable management.
American Express Launches Digital Wallet for Mobile, Online Payments
News  |  3/28/2011
Rather than waiting for the kinks to be worked out of NFC mobile payment technology, American Express is jumping in with a PayPal-like mobile and online payment scheme.
Fresh Rumors Team Google, Citi, MasterCard and VeriFone in NFC Mobile Payment Project
News  |  3/28/2011
Citi and Google are said to be working together on a mobile payment project that would allow users of the Nexus S Android phone to make contactless MasterCard payments.
Mobile Payment Solution for Google Nexus S Debuts
News  |  3/25/2011
Charge Anywhere's software turns the NFC-enabled Google Nexus S into a merchant terminal for contactless payments, presenting a competitive challenge to Verifone and Square.
Treasury Expects to Save $120 Million Annually in Switch to Electronic Payments
News  |  3/24/2011
The U.S. Treasury estimates big savings after converting federal benefits payments to direct deposit.
BankSimple Signs Processing Partner TxVia, Plans to Offer Payment Cards Later This Year
News  |  3/23/2011
Moving ahead with the promise of simple, uncluttered mobile, online banking and card services on behalf of bank partners.
Mobile Payment Users Expected to Surpass 375 Million by 2015
News  |  3/22/2011
Spotty global adoption of mobile payments to date has been due partly to lack of availability, notes research firm In-Stat.
Fight Over Mobile Payments Heats Up
News  |  3/18/2011
Could an open standard for NFC weaken mobile operators' ability to control the digital wallet?
ATMs Resume Working in Japan
News  |  3/17/2011
Mizuho Bank has suffered system outages since the March 11 Japan earthquake, but ATMs seem to be up and running again.
Dwolla Rolls Out Mobile Payment Service With Geolocator
News  |  3/16/2011
Dwolla Spots, an iPhone app that lets users find Dwolla merchants and purchase goods from their bank account using their mobile device, goes live.
5 Things Banks Can Learn From the American Red Cross
News  |  3/16/2011
With the help of mobile payments, Americans are rallying to support Japan in the aftermath of the March 11 tsunami.
Visa to Offer P2P Payments through Fiserv and CashEdge
News  |  3/16/2011
Deal could help banks and Visa maintain a role in the emerging mobile payment market.
Google Said to Be Planning Mobile Payment Test in New York, San Francisco
News  |  3/15/2011
Reports suggest Google is making a big bet on existing NFC technology, while Apple invents its own.
U.S. Bank Adds Remote Deposit Capture, Card Alerts to Mobile Banking
News  |  3/14/2011
Bank adds check imaging and credit card activity update to a mobile banking offering that already included person-to person payments.
iPhone 5 Reportedly Won't Support Contactless Payments
News  |  3/14/2011
Apple said to be coming up with its own version of near-field communication technology, to be released in 2012.
VeriFone and Square Squabble Over Mobile Payment Security
News  |  3/10/2011
VeriFone says Square's card reader can be easily turned into a skimming device; Square counters that its transactions are protected by banks' monitoring and fraud prevention technology. How much security is enough?
SWIFT Launches Security Token Technology in U.S.
News  |  3/9/2011
Secure Signature Key designed to make corporate treasurers' lives easier by letting them manage accounts at multiple banks using one secure token.
SWIFT CEO Reports Growing Payment Volumes, Hints At Future Projects
News  |  3/8/2011
SWIFT CEO Lazaro Campos laid out some of the organization's plans for payments, identity management and corporate actions at SWIFT's Operations Forum this morning.
The Underbanked by the Numbers
News  |  3/8/2011
Who are the American underbanked? Author Brett King's video explains.
A Bank MacGyver Would Be Proud Of
News  |  3/4/2011
Nonprofit Nuru International's video shows how it built a microloan and banking structure in rural Kenya.
Square Now Processing $1 Million In Mobile Payments Per Day
News  |  3/3/2011
Astonishing success for a product that only launched last month.
100 Years of Routing Numbers Commemorated at Museum of American Finance
News  |  3/2/2011
The original ABA Key to Routing Numbers directory finds its place among financial services artifacts.


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